|
Exceptional opportunity to secure a private 0. 54-acre homesite located among established multi-million-dollar properties and second in line from the peaceful waters of Blackburn Bay.
This rare parcel offers outstanding privacy, backing directly to a beautiful natural hammock preserve that will not be developed, creating a serene and protected backyard setting with mature vegetation and natural surroundings. The preserve provides long-term privacy and a peaceful backdrop rarely found this close to the water.
The lot is build-ready with recorded driveway and septic easements in place.
A conceptual design has been prepared for a thoughtfully planned 3, 300 square foot coastal residence featuring 5 bedrooms plus office, 5 bathrooms, 3-car garage, pool, and seamless indoor-outdoor living.
Construction to be completed exclusively by Omkal Construction Inc (CRC1331614), a local builder specializing in custom homes and high-end residential construction in the Sarasota–Nokomis–Venice area.
The builder recently completed a custom residence on the adjacent lot, demonstrating the level of craftsmanship and quality that can be expected. Photos and details of the completed home are available in MLS #TB8413685.
Ideally located near Nokomis Beach, South Jetty Park, Gulf Harbor Marina, Legacy Trail, shopping, dining, Sarasota Memorial Hospital (Venice), and zoned for Laurel Nokomis School (Pre-K–8) and Venice High School. Convenient access to both Downtown Venice and Sarasota.
Financing options may be available for qualified buyers for both the land purchase and construction of the home.
A rare opportunity to build a custom coastal residence in a private bay-area setting with an experienced local builder renowned for exceptional craftsmanship and signature architectural style.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$389,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $311,200 | $311,200 | $311,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.431% | 5.873% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,841 | $1,916 | $2,541 |
| Total Monthly Payment | $1,916 | $1,991 | $2,616 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.